AEPC : Apparel industry to go all out efforts to hit $20 bn exports
03 June 2022, Mumbai:
Narendra Goenka, Chairman, Apparel Export Promotion Council (AEPC) said, the council has launched several initiatives to promote the brand India on various global platforms by showcasing its strength in sustainability, ethical sourcing, and manufacturing, labor standards, and women's employment.
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The garment industry will make all efforts to achieve the export target of USD 20 billion in this fiscal, Apparel Export Promotion Council (AEPC) urging the GoI as a call to action (CTA) aligning cotton yarn exports and reduce the export benefit of cotton and cotton yarn exports from India to put the sector in the fast lane.
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India’s RMG exports increased by 30.4 percent to $16 billion from 2021-to 22.
It mainly exported textile and apparel products to the US, EU Asia, and the Middle East. India’s exports in the sector were enhanced via the signing of free trade agreements with the UAE, and Australia added Goenka.
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CREDITS: ET
